Kerry Logistics to develop a dry port in Laos

KLN (SIN) and Laos’s Sitthi Logistics signed a MOU for the establishment of a JV to develop a dry port in the Vientiane Logistics Park in Laos. The dry port will be situated in an area of approximately 35 hectares, to be developed in phases for the transfer of cargoes at Vientiane, which connects the railway lines between China and Thailand from Kunming to Bangkok. It is expected to turn the city into a major economic hub along the Belt and Road trade routes.

Kerry Logistics will provide management expertise, while Sitthi Logistics will provide local support. The facilities will allow the logistics industry to transport goods by road and rail and create an efficient logistics system along the economic corridor between China and Thailand.

Lao government is introducing economic incentives and conducive regulations for the building of an efficient logistics centre in Vientiane.

In 2018, Kerry Logistics completed the Phase one of the inland port in Mandalay and the inland port in Yangon.

(Container News)